According to the Commodity Market Analysis System of Business Society, the price of acetic acid has recently fallen. On February 26th, the average market price of acetic acid was 3150 yuan/ton, a decrease of 150 yuan/ton compared to the price of 3300 yuan/ton on February 19th, a decrease of 1.55%, and a month on month decrease of 5.97%.

Recently, the acetic acid market has been weak and declining. After the holiday, downstream production gradually resumed and procurement enthusiasm was still good. However, the northern region was affected by rainy and snowy weather in the middle of the week, logistics and transportation were limited, factory shipments were poor, enterprise inventory accumulated, and the market trading atmosphere was weak. The price of acetic acid in the market organized downward. As of February 26th, the market prices of acetic acid in various regions are as follows:

The upstream raw material methanol market first fell and then rose. On February 26th, the average price in the domestic market was 2671.67 yuan/ton, an overall increase of 0.47% compared to the price of 2659.17 yuan/ton on February 19th. The recovery of downstream demand after the holiday is relatively slow, and the downstream restocking sentiment is relatively average. In addition, due to the impact of rain and snow weather, some enterprises have limited shipments, and the overall transaction volume of the domestic methanol market is average, resulting in a narrow consolidation of methanol prices.

The downstream acetic anhydride market continues to decline. On February 26th, the factory price of acetic anhydride was 5500 yuan/ton, a decrease of 3.93% compared to the price of 5725 yuan/ton on February 19th. After the holiday, acetic anhydride enterprises resumed production, and the supply of acetic anhydride increased. In addition, nationwide snowfall this week hindered regional transportation, resulting in weak transactions of acetic anhydride. At the same time, the price of raw material acetic acid was weak, and the cost support for acetic anhydride was insufficient, leading to a decline in the price of acetic anhydride.

In the future market forecast, the acetic acid analyst from Shengyishe believes that there is currently sufficient supply of goods in the market, and the mentality of acetic acid enterprises is not good, resulting in lower prices. Downstream purchases are mainly based on demand, and on-site trading is limited. It is expected that the acetic acid market will operate weakly in the short term.

From the data monitoring chart, it can be seen that after the Spring Festival holiday in February, the overall domestic n-propanol market has slightly increased. After the holiday, the news on the market for n-propanol was relatively calm, and the overall market for n-propanol did not change much. Some n-propanol suppliers have slightly increased the price of n-propanol based on their own inventory and other factors, with an increase of about 50-100 yuan/ton. As of February 26th, the domestic market price of n-propanol in Shandong region is around 7400-7800 yuan/ton. The lower price is around 7150-7350 yuan/ton. The market price of n-propanol in the Nanjing area is around 8500-9000 yuan/ton. Dealers in different regions still have reservations about prices, and the difficulty in monitoring prices may lead to differences in specific negotiation situations. Each region also has differences, and actual negotiations are the main focus.

Prediction of future market trends of n-propanol

At present, the overall operating rate of domestic n-propanol and n-propanol plants is low, and downstream demand is slowly recovering. The overall demand performance is average, and the market trading atmosphere is light. Business Society’s n-propanol data analyst predicts that in the short term, the domestic n-propanol market will mainly operate in consolidation, and the specific trend still needs to pay more attention to changes in supply and demand news.

Recently (2.13-2.20), the market price of ethyl acrylate in East China was 10500 yuan/ton, and in North China it was 10700 yuan/ton; The market price in South China is 10800 yuan/ton.

As of February 20th, the market trend of ethyl acrylate has also shown a narrow decline. According to data from Business Society, as of February 2nd, the average price of isooctyl acrylate in Shandong was 10450 yuan/ton, a decrease of 1.42% compared to the previous month. During the Spring Festival, after returning to the market after the holiday, enterprises gradually resumed normal production, while the majority of other enterprises did not change their production.

Prior to the holiday, most downstream enterprises completed pre holiday stocking, resulting in reduced demand for raw materials and a decline in high raw material prices in some regions, leading to a weakening of cost support; After the holiday, there may not be a significant improvement in downstream deep processing demand, and there is still a possibility of a downward trend in raw material prices in mainstream regions, with weak cost support.

During the Spring Festival holiday, enterprises are restricted in their production and will return to the market after the holiday. Downstream enterprises are gradually resuming normal production, and their production has increased significantly compared to before the holiday. However, most downstream enterprises have inventory of raw materials in the early stage, and their enthusiasm for purchasing ethyl acrylate is slightly dull, resulting in a slow increase in demand.

In summary, the ethyl acrylate analyst at Shengyishe believes that in the future, there may be a decline in raw materials or inventory, and downstream terminals will maintain their demand for goods; The bearish factors on the market are gradually emerging, and there is a strong bearish atmosphere among businesses. However, considering the losses suffered by ethyl acrylate companies in the early stage, the business offers are slightly firm, and it is expected that the market price of ethyl acrylate will remain stable and weaken after the holiday.

Product name: Potassium chloride (imported)

Latest price (February 19th): 2725 yuan/ton

On February 19th, the domestic market price of imported potassium chloride slightly decreased, with a decrease of 50 yuan/ton compared to February 18th, a decrease of 1.80%, and a year-on-year decrease of 30.13%. At present, the port’s 62% self raised price of white potassium is around 2500 yuan/ton; The self raised price of 60% Dahong particles at the port is around 2700 yuan/ton. Border trade accounts for 62% of Russian white potassium at around 2400 yuan/ton. The terminal price of potassium chloride in domestic salt lakes is around 2860 yuan/ton. The potassium chloride port has a storage capacity of about 4 million tons. The downstream market for potassium carbonate and potassium nitrate has slightly declined, and downstream purchasing enthusiasm has weakened. International potassium fertilizer prices continue to decline, with a combination of bearish factors.

In the future, domestic potassium chloride prices may experience a slight fluctuation and decline, with consolidation being the main trend. The average import market price of potassium chloride is around 2700 yuan/ton.

The price of aluminum fluoride remains stable temporarily after the holiday

According to the Commodity Market Analysis System of Business Society, as of February 18th, the domestic quotation for aluminum fluoride is 10225 yuan/ton, which is temporarily stable compared to the price of aluminum fluoride on February 9th before the holiday, which was 10225 yuan/ton; Compared to February 1st, the price of aluminum fluoride decreased by 1.21% to 10350 yuan/ton. The prices of raw materials have fallen, the cost of aluminum fluoride has decreased, and the price of aluminum fluoride has fallen in February. After the holiday, the replenishment of aluminum fluoride inventory is poor, and the price of aluminum fluoride is temporarily stable.

Reduced raw material costs

According to the Commodity Market Analysis System of Shengyishe, as of February 18th, the price of fluorite is 3343.75 yuan/ton, which is temporarily stable compared to the price of 3343.75 yuan/ton on January 31st. During the Spring Festival, the construction of fluorite mines was poor, the supply of fluorite was tight, and the price support for fluorite remained. Downstream enterprises had poor purchasing sentiment, and upstream and downstream games led to weak and stable fluorite prices.

According to the Commodity Market Analysis System of Business Society, as of February 18th, the quotation for hydrofluoric acid was 10083.33 yuan/ton, a decrease of 1.47% compared to the quotation of 10233.33 yuan/ton on January 31st. In early February, some hydrofluoric acid companies sold at reduced prices, resulting in a decrease in hydrofluoric acid prices. Downstream replenishment after the holiday was average, and hydrofluoric acid orders were average. The price of hydrofluoric acid remained stable temporarily, and the cost of aluminum fluoride raw materials decreased in February.

Market Overview and Forecast

According to analysts from Shengyishe Aluminum Fluoride Industry, the prices of raw materials such as fluorite and hydrofluoric acid fell in February, leading to a decrease in the cost of aluminum fluoride. In the off-season of the electrolytic aluminum market, downstream replenishment after the holiday was average, and downstream customer purchases of aluminum fluoride were weak, resulting in a decrease in demand for aluminum fluoride. In the future, the cost of aluminum fluoride will decrease, and the demand will decrease. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.